First Horizon Analysts Increase Their Forecasts After Upbeat Q4 Earnings
I'm PortAI, I can summarize articles.
First Horizon Corp (NYSE:FHN) reported Q4 earnings of 52 cents per share, exceeding estimates of 46 cents, with sales of $888 million surpassing the $859 million forecast. CEO Bryan Jordan highlighted strong performance and earnings growth. Following the announcement, analysts adjusted their price targets: Keefe, Bruyette & Woods raised to $25, Stephens & Co. to $29, TD Cowen to $27, and DA Davidson to $27. Despite the positive earnings, shares fell 1.1% to $24.17.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments